37 W Sparrow StHeberCA92249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Heber at 37 W Sparrow St, Heber, CA, 92249 generates $3,000/mo in rent and, after a $2,080/mo payment, leaves $371/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $4,452/yr on $140,888 invested. Return on cash invested sits at 23.07% in year one, and rental yield is 8.47% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 119.82% and total cumulative return in cash sums $168,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
6,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92249, Heber, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,249 (66.8%) |
| Renter Occupied HU | 554 (29.6%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $332,287 |
| Average Home Value | $332,096 |
Housing Distribution
Address Breakdown
Residential
1,327
Single Family
1,327
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ramon Ramirez • California Real Estate Group
Mls Name: ICAOR
Mls ID: #26636143IC